"In addition to the date affecting whether a security is covered or non-covered, corporate actions, such as stock splits, stock dividends, and redemptions, can result in additional shares for the investor which are non-covered shares. "
The security involved is a mutual fund - no splits, no stock dividends, no redemptions. All shares were acquired via transfer from IRA as required minimum distribution or reinvestment of dividend/capital gain distributions.
"Shares in accounts that use the average cost method to determine basis are also non-covered. DRIP accounts are an example of this. "
Not a DRIP account. I have never specified average cost and have not previously sold shares of this fund. On the 1099-B, the shares acquired via reinvested distributions are covered and show correct cost bases for each lot so it doesn't look like average cost is used. So, why would the shares acquired via transfer from IRA be noncovered?
